European Commission Hosts Blockchain Workshop with Industry Focus

The European Commission has revealed new information about its ongoing blockchain initiatives, including the first of a series of workshops.

AccessTimeIconJul 18, 2017 at 10:00 a.m. UTC
Updated Sep 11, 2021 at 1:32 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

The European Commission, the body responsible for proposing EU-wide legislation, has completed the first workshop for its previously announced #Blockchain4EU project.

Launched on June 13, #Blockchain4EU aims to explore potential applications for blockchain and distributed ledger technology (DLT) outside of financial services. Specifically, the workshop – part of an ongoing series that will run until February 2018 – sought to explore blockchain use cases and their relation to industrial transformations within the European Union.

The European Commission wrote that 34 people participated in the workshop, each selected from a pool of stakeholders as to provide a snapshot of the current blockchain ecosystem. Participants included technical experts; developers and scientists; social, economic and legal researchers; entrepreneurs and investors; business and labour representatives; and policy actors at local, national and EU levels.

All in all, it's the latest sign out of the European Commission that it is actively seeking ideas that could benefit from blockchain tech. In June, the commission completed a public consultation on finTech and DLT, and in April, funding was provided for a blockchain pilot.

European Commission image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.